Green Globe International, Inc. Announces Letter of Understanding With Village Green Global, Inc. to Imbed Green Globe Baseline
June 09 2010 - 9:00AM
Green Globe International, Inc. (Pink Sheets:GGII), the worldwide
owner of the Green Globe brand, today announced a Letter of
Understanding (LOU) with Village Green Global, Inc. The LOU
outlines the parties' intent to imbed a Green Globe Baseline
Standard into Village Green's SMARTweb® product offerings, which
are promoted and marketed to a variety of industries and
businesses.
Village Green Global provides reporting solutions, advisory
services, and education to support better business practices and
improved bottom line performance. Aligning with
Microsoft Corp. in September 2009, Village Green launched the
SaaS-based SMARTweb carbon emissions accounting tool. SMARTweb
enables organizations to accurately gather and verify emission data
using an online application, allowing for multiple levels of
automated reporting not possible with manual, non-integrated
systems. Global brands such as CISCO, Daimler Chrysler and
Westfield have already benefited from Village Green solutions and
improved bottom line performance by reducing their environmental
impact. The company's "GET GREEN" program helps students of
all ages learn energy savings processes at home that will be needed
to take advantage of green job opportunities within environmental
services worldwide.
"This agreement is an important first step in the expansion of
our planned collaboration with Village Green Global," said Steven
R. Peacock, CEO and Managing Director of Green Globe International.
"We have identified a number of specific areas of expected
collaboration, and this initial agreement lays the groundwork to
imbed a Green Globe Baseline Standard into the SMARTweb software.
This will serve to identify and reward each SMARTweb client
for taking the initial step toward sustainability by establishing a
baseline from which all future improvements can be measured."
"We are looking forward to this synergistic partnership with
Green Globe, a globally recognized brand that has made huge strides
towards building a better, more sustainable business environment,"
said Doug Smith, President and CEO of Village Green Global, Inc.
and a recently announced Director of Green Globe International,
Inc.
The Green Globe brand and program, which traces its roots back
to the United Nations Rio de Janeiro Earth Summit in 1992, where
182 Heads of State endorsed the Agenda 21 principles of Sustainable
Development, has primarily been used in the travel and tourism
industry but is now being expanded to include a growing number of
environmentally responsible businesses in a variety of market
sectors. The Green Globe brand is an ideal symbol for the world's
increasing awareness of environmental responsibility and response
to global climate change.
The company encourages all shareholders and others interested in
following the progress of the Green Globe brand to subscribe to
receive email alerts whenever new information is made
public. To subscribe, please visit
http://www.greenglobeint.com/stayconnected/email/.
About Green Globe International, Inc.
Green Globe International, Inc. is the worldwide owner of the
Green Globe brand, which includes the leading sustainability
certification and benchmarking programs, carbon footprint
calculation and offset programs, and a broad range of consulting
services. Green Globe International has been
admitted as an affiliate member of the United Nations World Tourism
Organization. The World Travel & Tourism Council (WTTC),
the business leaders' forum for the travel and tourism industry, is
a 5% common stock owner of Green Globe International. For more
information on the company and its programs, please visit
www.greenglobeint.com. For information on Green Globe
Certification, please visit www.greenglobe.com. To see
sustainable travel options, please visit www.greenglobe.travel.
Green Globe services in the Asia Pacific are distributed, managed
and sold exclusively by Green Globe Asia Pacific (GGAP) through EC3
Global. If you would like further information on GGAP, please
visit www.greenglobe.org.
The Green Globe International, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6582
About Village Green Global, Inc.
Established in 2002, Village Green Global pioneered automated
environmental reporting for businesses. The company provides
reporting solutions, advisory services, and education to support
better business practices and improved bottom line performance. Its
SMARTweb® carbon emissions accounting tool enables organizations to
accurately gather and verify emission data using the online
application allowing for multiple levels of automated reporting not
possible with manual, non-integrated systems. SMARTweb has been
used for more than 6,000 environmental audits and incorporates
approximately 30,000 devices in its database. Get Green helps
students of all ages learn processes needed to take advantage of
green job opportunities within environmental services world wide.
For more information, visit http://www.villagegreenglobal.com.
Safe Harbor Statement
This release contains forward-looking statements with respect to
the results of operations and business of Green Globe
International, Inc., which involves risks and uncertainties. The
Company's actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to
the "Safe Harbors" provision of the Private Securities Litigation
Reform Act of 1995.
CONTACT: Green Globe International, Inc.
Public Relations and Communications
+1 888-528-0883
corporate@greenglobeint.com
Vantage Communications for Village Green
Press Contact:
Tory Patrick
+1 202-558-9826
tpatrick@pr-vantage.com
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